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Message:: [QUOTE="Rono, post: 767485, member: 6492"]Hi Cloudsweeper, Yes, I own CEF in an deferred account, however, what I've been finding out in recent years with PFICs and MLPs, is that Turbo Tax takes the hardship out of filing - particulary when coupled with digitally importing  tax data from the source.      As for the historic gold/silver ratio, while it might be garbage to you, there are many people around the world that still give it credence.  Let's see, some 5000 years of history and even during the bull run of the 70's, gold topped out at 850 and silver at 50 in 1980 - er, 17 to 1. I understand what you're saying and you may be correct.  However, when we're dealing with investor sentiment, what on earth does the truth or facts have to do with anything?    Although this may sound 'tongue in cheek, I'm very serious. I've long said that if enough people believe a lie to be the truth AND ACT as if it WAS the truth, it might as well BE THE TRUTH. When discussing bullion investing and speculation, it's very hard to discount the folks that believe the ratio is destined to be 20 to 1 -  just like it's very  hard to ignore the survivalists.  In both cases, they impact the market. peace, rono[/QUOTE]